China Aluminum Corporation Limited's spot price for aluminum ingots (AL99.70) on January 15, 2026, declined across all regions, with specific details as follows:
The external quoted price in the East China market was 24,190 yuan/ton, in the South China market 24,220 yuan/ton, in the Southwest market 24,150 yuan/ton, and in the Central Plains market 24,030 yuan/ton. Compared to the previous trading day, these prices decreased by 480 yuan/ton, 470 yuan/ton, 480 yuan/ton, and 480 yuan/ton, respectively.
PriceSeek's analysis of aluminum indicates a bearish sentiment with a score of -1.5. The report notes that the spot price of China Aluminum Corporation's aluminum ingots (AL99.70) fell by 470–480 yuan/ton in the East China, South China, Southwest, and Central Plains markets, reflecting a significant decline. This suggests an oversupply in the market or weak demand, exerting strong downward pressure on spot prices. Combined with data from the aluminum futures market, where the recent main contract prices have also shown a downward trend, the decline in spot prices may intensify selling pressure in the futures market. It is anticipated that futures prices will continue to weaken, and investors should remain cautious of short-term downside risks.
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